Traveling has become “a thing” today, and we all know that one friend on our Instagram timeline who takes more trips that you can dream about. Traveling can seem like an impossible luxury for us young adults. But with careful planning and research, your next trip could be more inexpensive than you think.
The first step in this process is to create a budget, you must figure out how much you are willing to spend. When making the budget, keep in mind that there are other expenses beyond flights and hotels, these include entertainment, meals (if not all-inclusive) and shopping. Once the budget has been established, try saving some money from each paycheck until you reach your goal, says Jeana Salman, a CFP at Delta Community Credit Union.
You’ll enjoy your trip so much more if you can pay for it from savings instead of acquiring debt
Book Smart 👨🏾💻
Booking smart is all about staying within your budget and book where you will not have to spend a penny over. I for one love to book all-inclusive hotel resorts, this is a very smart way of staying within your budget and still have a good time. Most all-inclusive hotels once you check in you pay nothing for the remainder of your stay.
Flexibility is essential when looking for inexpensive travel. Although you may want to travel at a certain time in the year, you have to be open to the reality that those dates may not work for your budget. Try to book travel during the off-season and on weekdays; according to travel research flights and hotel are cheapest when booked at these times.